Caught between slowing demand & rising interest rates, corporate credit quality continues to remain under pressure
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Corporate India?s mounting debt and its trouble with servicing its liabilities is causing worries for bankers.
CRISIL?s RAR decreased to 1.03 times from 1.10 times in 2010-11.
The sharp rise in domestic interest rates may soon begin to tell on the credit quality of India?s corporates.
